Another better way of the corporate tax reform in Japan : close but not the same as the value-added tax

• 資料種別: 記事
• タイトル: Another better way of the corporate tax reform in Japan : close but not the same as the value-added tax
• 著者・編者: 土居, 丈朗; Katagi, Hiroshi
• 著者標目: 土居, 丈朗; Katagi, Hiroshi
• 出版事項: Keio Economic Society, Keio University
• 出版年月日等: 2023
• 出版年（W3CDTF）: 2023
• タイトル（掲載誌）: Keio economic studies
• 巻号年月日等（掲載誌）: 56
• 掲載巻: 56
• 掲載ページ: 3-21
• ISSN（掲載誌）: ISSN : 0022-9709
• 本文の言語コード: eng
• 件名標目: Corporate taxation,corporate value,value-added tax,corporate finance,excess burden
• 対象利用者: 一般
• 一般注記: type:text; This paper examines the impact of Japan’s corporate tax reform using a dynamic general equilibrium model. The government reduced the effective corporate income tax rate from 34.62% to 29.74% between 2014 and 2018, while increasing rate of the value-added component of Enterprise Tax in 2016. Its tax base, primarily based on labor cost, differs from value-added tax (VAT). We assess the shift from corporate income to labor cost as a tax base and compare the value-added component of Enterprise Tax to VAT in terms of social welfare and corporate value. Our analysis shows that despite increased tax rate of the value-added component, both corporate value and social welfare improved post-reform. Additionally, substituting the VAT rate for higher rate of the value-added component yields even greater improvements.
• 一次資料へのリンクURL: https://koara.lib.keio.ac.jp/xoonips/modules/xoonips/download.php?koara_id=AA00260492-20230000-0003
• オンライン閲覧公開範囲: 限定公開
• 連携機関・データベース: 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）; https://irdb.nii.ac.jp
• 提供元機関・データベース: 慶應義塾大学 : 慶應義塾大学学術情報リポジトリ